News
Companies may have to restructure salary packages of employees to reduce GST impact
- Date:
- April 16, 2018
- Source:
- Economic Times
India Inc may have to start restructuring compensation packages or human resource benefits of their employees to ensure they don’t face taxing times under the goods and services tax (GST). Reimbursements on home rentals, telephone charges beyond a certain limit, medical premiums for extra coverage, health check-ups, transportation, gym use, uniforms or even re-issue of identity cards could face GS…